How Is The Market Feeling About IonQ?
Portfolio Pulse from Benzinga Insights
IonQ's short interest has decreased by 8.3%, with 17.9% of its float sold short. This is higher than its peers' average of 6.28%. A decrease in short interest can indicate a more bullish sentiment.
September 26, 2024 | 6:30 pm
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IonQ's short interest has decreased by 8.3%, now at 17.9% of float, which is higher than its peers' average of 6.28%. This decrease may indicate a shift towards a more bullish market sentiment.
The decrease in short interest suggests that fewer investors are betting against IonQ, which can be interpreted as a positive sign for the stock. Additionally, IonQ's short interest remains significantly higher than its peers, indicating that while sentiment may be improving, caution is still warranted.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100